Business Closures, Partial Reopenings Due To COVID-19 Could Cost US $3-$5 Trillion In GDP

The COVID-19 pandemic could result in net losses from $3.2 trillion and up to $4.8 trillion in U.S. Real Gross Domestic Product (GDP) over the course of two years, a new USC study finds.

The pandemic's economic impact depends on factors such as the duration and extent of the business closures, the gradual reopening process,...